HB4057 — Relating to the authority of a taxing unit to enter into an agreement to exempt from ad valorem taxation a portion of the value of property on which a renewable energy facility is located or is planned to be located.

HB4057 — Relating to the authority of a taxing unit to enter into an agreement to exempt from ad valorem taxation a portion of the value of property on which a renewable energy facility is located or is planned to be located. · Informed CitizenryThe bill amends Chapters 380 and 381 of the Local Government Code, and Chapter 312 of the Tax Code, to prohibit certain tax exemptions for renewable energy facilities. Under both amended sections (…Open in Informed Citizenry